New Delhi, March 20 (IANS) The government on Friday said there has been no price increase on regular petrol for consumers and the hike is limited to the premium fuel category, which accounts for only 3-4 per cent of total petrol sales.Addressing the daily briefing, Petroleum and Natural Gas Ministry’s Joint Secretary, Marketing and Oil Refinery, Sujata Sharma said that petrol and diesel prices are deregulated and determined by the oil marketing companies (OMCs).OMCs increased the price of premiu…
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New Delhi, March 20 (IANS) The Indian rupee reached a new low against the US dollar on Thursday, depreciating 30 paise to 92.94, as oil prices remain elevated amid the West Asia crisis.In the meantime, foreign institutional investors (FIIs) have sold nearly Rs 74,000 crore over the last 12 sessions in the domestic stock market.Iran has warned it would carry out more severe retaliatory strikes if the US and Israel attack its energy facilities again. On Wednesday, Israel struck Iran’s South Pars o…